401(k) · DOL Form 5500 · 2024

Valley Markets, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
677
Participants Below avg headcount
68th
Percentile by assets National rank
$26,419
Avg per participant Low balance/head
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Official DOL plan name: Hugo's 401(k) Profit Sharing Plan and Trust · Sponsored by Valley Markets, Inc. · North Dakota · Retail Trade

$18M in assets, 677 participants

Valley Markets, Inc.'s Hugo's 401(k) Profit Sharing Plan and Trust reported $18M in total assets and 677 participants in its 2024 DOL Form 5500 filing, ranking in the 68th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,333 in Retail Trade (8,048 peers)

What the 2024 filing shows

Hugo's 401(k) Profit Sharing Plan and Trust holds $18M for 677 participants - about $26,419 per participant, above the median plan by assets.

#6,333
in Retail Trade (8,048 peers)
-1.2%
assets change YoY

The plan reported a net loss of $219K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hugo's 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Hugo's 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$17,885,769 Top 32% higher than 68% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Hugo's 401(k) Profit Sharing Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hugo's 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (677 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hugo's 401(k) Profit Sharing Plan and Trust reported net income fell from $2M in the plan year 2023 filing to -$219K in the plan year 2024 filing.
  • Hugo's 401(k) Profit Sharing Plan and Trust reported participants rose from 638 in the plan year 2023 filing to 677 in the plan year 2024 filing.
  • Hugo's 401(k) Profit Sharing Plan and Trust end-of-year assets fell from $18M in the plan year 2023 filing to $18M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 450273731 · Valley Markets, Inc. PY 2024 · 401(k)

Hugo's 401(k) Profit Sharing Plan and Trust · $18M · 677 · 68th

  • PHOTO $18M
  • PHOTO 677
  • PHOTO 68th
  • PHOTO 401(k)
  • PHOTO near Dialysis Associates, P.a. 401(k) Profit Sharing Plan and Trust
  • PHOTO ind #6333

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in North Dakota →

Hugo's 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Hugo's 401(k) Profit Sharing Plan and TrustHugo's 401(k) Profit Sharing…$18MDialysis Associates, P.a. 401(k) Profit Sharing Plan and TrustDialysis Associates, P.a. 40…$18MEpiroc Industrial Tools and Attachments 401(k) PlanEpiroc Industrial Tools and …$18MPro Directional 401(k) Plan$18MVirtual Marketing Strategies Inc. 401(k) PlanVirtual Marketing Strategies…$18M
End-of-year total assets ($M) among Hugo's 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$18M
Net Income-$219K
Employer EIN450273731
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Valley Markets, Inc.)

Sponsor-wide plan assets over time

All Valley Markets, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 8.02124578140363% vs 2022
2024 filing year
$16M$16.5M$17M$17.5M$18M$18.5M 202220232024 $16.6M $17.9M ▲ +8.0%
Year Plans Participants Total Assets
2022 1 607 $17M
2023 1 638 $18M
2024 1 677 $18M

Nearby 401(k) Plans in North Dakota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hugo's 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Hugo's 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.017885769 · Participants: 677Hugo's 401(k) Profit Sharing Plan and TrustSanford Retirement Savings Plan, Total assets ($B): 3.602462001 · Participants: 31958Sanford Retirement Savings PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.856387415 · Participants: 5327Knife River Corporation 401(k) Retirement PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.775551136 · Participants: 3465Mdu Resources Group, Inc. 401(k) Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.615317303 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.591992052 · Participants: 5199Offutt Companies 401(k) Savings Plan
Hugo's 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Hugo's 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Hugo's 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Dialysis Associates, P.a. 401(k) Profit Sharing Plan and Trust in TX ($18M); by covered participants it is Huffines Auto Dealerships Retirement Savings Plan in TX (677 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (677 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hugo's 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Hugo's 401(k) Profit Sharing Plan and Trust edged down modestly - down 1.2% during 2024, from $18M to $18M. Reported net income was -$219K.
How have Valley Markets, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Valley Markets, Inc.'s sponsor-wide assets grew 8.0%, from $17M to $18M.
Which 401(k) plans are similar in size to Hugo's 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Dialysis Associates, P.a. 401(k) Profit Sharing Plan and Trust in TX ($18M, 47 participants).
Which 401(k) plans cover a similar participant headcount to Hugo's 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Huffines Auto Dealerships Retirement Savings Plan in TX (677 participants, $33M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450273731.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.